Aston Martin faces major losses amid trade, cyber woes, and industry shifts, as it struggles to stay competitive in a tough luxury market.
UK's zero-emission vehicle sales are on course to meet 2025 mandates, aided by flexible policies. Meanwhile, Chinese automakers like BYD are expanding rapidly in Britain, challenging traditional brands. Volkswagen shifts strategy to develop China-specific models, reflecting a broader industry transformation.
UK stock markets gained today, with the FTSE 100 up 1%, driven by AI sector optimism and strong earnings reports from companies like HSBC and Hiscox. Meanwhile, some firms like Diageo and Aston Martin faced declines due to profit warnings and workforce cuts. Global markets also edged higher.